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the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in one thousand nine hundred eighty he's going to raise taxes on the rich although everybody on the right argues that he did so and here's the question if you blame reaganomics for that then the question then becomes what if there are two problems with that argument one is the fact that historically we've seen roughly eighteen percent of g.d.p. coming into the federal coffers we've done well it's varied between if you're talking about was i want to fight within the twentieth century has been within a year to twenty mins from softly so the key is right raising g.d.p. vs instead of focusing on tax
the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in...
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Apr 20, 2013
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it is to be in 1997 the total tax revenue raised from the corporate tax, income tax is 41. in the following year, and this reduced to 37 trillion. it didn't. instead we end up losing 4 trillion. >> translator: [speaking japanese] [speaking japanese] [speaking japanese] >> translator: m. last year the party dpj as well as lep was able to strike an agreement to sign the agreement and that was the 18th provision in a given that document and we have to see first about the pickup and economy, otherwise not raising the consumption tax that would take place. whether to do it or not will be decided this coming october. by october, if we end up having picked up an economy done, we can raise the tax. but if it doesn't work out that way, then the timing of the attacks will be deferred. so is shown in these kinds of responses, we have serious considering of the implications of tax in greece. you can make a decision to say definitely that of the debased definitely. we have to allow some more time to make sure the economy could really get better and then the judgment will be made. >> we
it is to be in 1997 the total tax revenue raised from the corporate tax, income tax is 41. in the following year, and this reduced to 37 trillion. it didn't. instead we end up losing 4 trillion. >> translator: [speaking japanese] [speaking japanese] [speaking japanese] >> translator: m. last year the party dpj as well as lep was able to strike an agreement to sign the agreement and that was the 18th provision in a given that document and we have to see first about the pickup and...
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Apr 20, 2013
04/13
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pat nof advocating more tax increases on top of the $1.7 trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-arod the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: have watched continuing esolution after continuing resolution take over what has been the traditional roll of the budget. are w to see another round of continuing resolutis as a result of the blueprint, the president decided to advance 65 dys after it was due? >> i think we may well. the president made a decision not to submit a budget while the senate is considering a budgetespite he is legally required to do so. part of the reason that we have seen government by continuing resolution i that congress has not been doing its job. ssing appropriatio bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want live within your means and not want to bankrupt the country. up fortunately, for the last four years, the dem
pat nof advocating more tax increases on top of the $1.7 trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-arod the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: have watched continuing esolution after continuing resolution take over what has been the traditional roll of the budget. are w to see another round of continuing resolutis as a result of the blueprint,...
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Apr 20, 2013
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it used to be back in 1997 that total tax revenue raised property tax, income tax, and in the following year, it was reduced down to 37 trillion yen. we hope that we can add on another 5 trillion yen to the tax revenue, but it didn't. instead, we leave 4 trillion. [speaking japanese] [speaking japanese] [speaking japanese] >> translator: and last year when the moving party, dpj, mbp, and they were able to have an agreement to sign the agreement and there was a number of provisions included in that document, and to put it simply, what recommend was that we have to see a pickup in the economy, otherwise, in no way the consumption tax, and whether to do it or not would be eid to october, if we have engaged in the economy then, we can have the tax, but if it doesn't work out that well, then the timing of the asset tax referred to date so we have been serious in considering the implications about the tax, so if you ask me to say definitely taxation at this stage or not, we cannot say definitely. we have to allow time economies would be get back, and then judgment would be a good call, defini
it used to be back in 1997 that total tax revenue raised property tax, income tax, and in the following year, it was reduced down to 37 trillion yen. we hope that we can add on another 5 trillion yen to the tax revenue, but it didn't. instead, we leave 4 trillion. [speaking japanese] [speaking japanese] [speaking japanese] >> translator: and last year when the moving party, dpj, mbp, and they were able to have an agreement to sign the agreement and there was a number of provisions...
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Apr 20, 2013
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and friendly competitors all around, from whom we work, americans for tax reform. they are all fair. they were not there 40 years ago. the sunday before election in 1964 the philadelphia bulletin called me and said you are the highest ranking goldwater volunteer we could find. what is going to happen in philadelphia? pretty big stuff 22 years old. i said if we lose philadelphia by a 100,000 votes barry goldwater will carry the state of pennsylvania which was probably true. we lost philadelphia by 400,000, lost the state by million. pennsylvania was not strong goldwater country. my point is that was tough politically back then. basically good guys have got control of one half of the congress, basically good guys, they need reinforcing, and so much better off and ideas are so much more mainstream than they were then. younger generation has to realize and appreciate how much luckier they really are and build on the bigger base we have given them. >> looking back on 36 years you have been president of heritage, can you single out something you are proud of, several of
and friendly competitors all around, from whom we work, americans for tax reform. they are all fair. they were not there 40 years ago. the sunday before election in 1964 the philadelphia bulletin called me and said you are the highest ranking goldwater volunteer we could find. what is going to happen in philadelphia? pretty big stuff 22 years old. i said if we lose philadelphia by a 100,000 votes barry goldwater will carry the state of pennsylvania which was probably true. we lost philadelphia...
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Apr 20, 2013
04/13
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CNBC
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-- our yearly income tax. >> narrator: rodriguez tells them they can avoid paying taxes on the money by rolling it over into his mdn financial, and he gives mejia this flyer, claiming they can "earn a big, fat rate guaranteed." >> this is the flyer that he gave my husband, and it had the different investment plans depending on the amount of money. we were going to be investing $40,000. so in turn, we were going to be receiving in interest, 22%, which amounted to $750 a month. >> narrator: the mejias sign a contract for six months of payments. >> you know, why not? i mean, to receive a check of $750 a month just by having the $40,000 -- it was better than putting it into a bank. >> narrator: about 10 times better than putting it in the bank. rodriguez is offering rates of return as high as 50%. but trusting investors have no idea how improbable rodriguez's offer really is. >> sometimes i would think, you know, "how does he do this?" but we say, "well, maybe he's investing in the stock market or in some other, you know, institutions that we don't know of and maybe that's how he's getti
-- our yearly income tax. >> narrator: rodriguez tells them they can avoid paying taxes on the money by rolling it over into his mdn financial, and he gives mejia this flyer, claiming they can "earn a big, fat rate guaranteed." >> this is the flyer that he gave my husband, and it had the different investment plans depending on the amount of money. we were going to be investing $40,000. so in turn, we were going to be receiving in interest, 22%, which amounted to $750 a...
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Apr 20, 2013
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some money comes from illicit taxes from afghan people and some money comes from external support from outside the region. >> when you look at the places that they go in pakistan, the frontier areas, double pakistan, -- do you believe pakistan, number one, has control over those areas and number two, can control over those areas? >> senator, pakistan does not have control over those areas right now. they have had over 15,000 killed and wounded in operations in that area over the past decade. they've had hundreds killed and wounded in the past several weeks as they've tried to gain control in the khyber area. i think that's a clear indication they cannot control the border area and the taliban that are operating freely inside of that border area. >> what do you see as a rule for the taliban, if any, in the future afghan government as we transition out, as discussions are taking place. how do you envision that future afghan government? obviously there are elections coming up but how are we looking at the transition for the afghan government? >> the state department has the lead now on wo
some money comes from illicit taxes from afghan people and some money comes from external support from outside the region. >> when you look at the places that they go in pakistan, the frontier areas, double pakistan, -- do you believe pakistan, number one, has control over those areas and number two, can control over those areas? >> senator, pakistan does not have control over those areas right now. they have had over 15,000 killed and wounded in operations in that area over the...
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Apr 20, 2013
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it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a lot. , $80esident obama observed per month is significant for most families. it goes towards groceries, rent, gasoline. recent history shows that grant of lawful status further increases the influx of illegal immigrants, forcing out unskilled laborers and thereby depressing the wage and employment levels of those americans. in addition to that, that leads to more americans, depending on the government for subsistence. before thece commission is that grant of status is not without substantial cost to the american worker. thank you. as with all witnesses, the statement will be made part of the record
it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a...
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Apr 20, 2013
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and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks orson dems would be held -- or systems would be held by private companies but then provided to the government , that this private information would not be stripped by the companies first. in the president's executive order, the onus would be on the privacy advocates. they want the private companies to strip any private information that might be caught up within the context of cyber threat information. thet one has to understand definition of cyber threat. it is unlikely but not impossible that your private tax information, your e-mail content would be part of that information that is a cyber threat information that would be given to the government. is there a possibility that it would be lumped in with that? yes. so whose responsibility is it to minimize and get
and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks orson dems would be held -- or systems would be held by private companies but then provided to the government , that this private information would not be stripped by the...
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Apr 20, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> new signs that life is beginning to return to normal in boston. the red sox play the kansas city royal in just about 20 minutes or so in fenway after last night's game was post poped. the bruins face the pittsburgh penguins this avenue. for a time the manhunt for the suspected bomber paralyzed boston, in fact for hours it did that. turning one of the largest metropolitan areas across this country into a virtual ghosttown. joining me "washington post" senior correspondent kevin sullivan. with a welcome to you, kevin, we're talking about a million people here. how was it possible to lock down this city? >> it was absolutely remarkable. i talked to the historian from the fbi yesterday, and he said he can't remember ever a time when a major metropolitan city in the united states was locked down this completely. o
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> new signs that life is beginning to return to normal in boston. the red sox play the kansas city royal in just about 20 minutes or so in fenway after last night's game was post poped. the bruins face the...
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Apr 20, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are back with more of msnbc's continuing coverage of the boston marathon bombing. after last night's capture of suspect, 19-year-old dzhokhar tsarnaev, who -- just who were these two young men who wreaked havoc on the city of boston? robert pape is with us and clark kent ervin. bob, let's start with something we were talking about during the break here. the absolute next step in this investigation is going to be what? >> we're going to go to that, quote, foreign government that gave us information about the older brother a few years ago and we're going to want to know what exactly they had that led them to make a request that we interview them. that information is crucial. it's probably our next best lead at this point. why is that? you see our nsa, our security services, we suck up an amazing amount of in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are back with more of msnbc's continuing coverage of the boston marathon bombing. after last night's capture of suspect, 19-year-old dzhokhar tsarnaev, who -- just who were these two young men who wreaked...